Negotiating with Your Banker: Getting the Best Deal
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Archive : Negotiating with Your Banker: Getting the Best Deal Digital Download
Delivery : Digital Download Immediately
Some CFOs consider your banker’s proposal to be a “take it or leave it” proposition. Banking ties, like any other commercial connection, are negotiated. This class will go through how to explain your organization’s narrative, why you should engage with numerous banks on a regular basis, and how to place yourself in the best bargaining position possible. Loan conditions, interest rates, covenants, and owner guarantees were among the topics considered. This webinar is for you if your group need bank finance.
Fundamental Course Information
Objectives of Learning
Learn how to negotiate the best loan terms with your bank.
Major Topics
How to be the best customer for your bank
Recognize your debt capability.
Understand what terms are negotiable.
Why should you communicate with several banks?
Assess the strength of your bargaining position.
Contracts should be negotiated.
John L. Daly, MBA, CPA, CMA, CPIM, is a management consultant headquartered in Chelsea, Michigan who specializes in costing, pricing strategy, and pricing model creation. He has been teaching continuing professional education classes since 1995, and he started performing ethics lectures two weeks before the Enron affair broke. John has served as CFO for a Tier 1 automotive parts supplier and a big restaurant chain, as well as COO for a producer and reseller of window coverings. He is the author of “Pricing for Profitability,” a book published by Wiley and Sons, as well as “Tool & Die,” a fiction.
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